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        <name>Federal National Mortgage Association</name>
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        <name>Oracle Corp.</name>
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        <name>ICON Investments Six DAC</name>
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        <name>Metronet Infrastructure Issuer LLC.</name>
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        <name>F&amp;G ANNUITIES &amp; LIFE INC</name>
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        <name>Federal National Mortgage Association</name>
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        <name>OBX TR 2025-NQM3</name>
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        <name>BPCE SA</name>
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        <name>Citigroup Inc.</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>Texas Capital Bancshares, Inc.</name>
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        <name>Oracle Corp.</name>
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        <name>Citizens Financial Group Inc</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>Liberty Mutual Group, Inc.</name>
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        <name>First Citizens BancShares Inc (Delaware)</name>
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        <name>Royal Caribbean Cruises Ltd.</name>
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        <name>Morgan Stanley</name>
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        <name>DATABANK ISSUER LLC</name>
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        <name>Ecuador (Republic Of)</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Altagas Ltd</name>
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        <name>W. P. Carey Inc</name>
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        <name>Homes 2025-NQM4 Trust</name>
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        <name>Fideicomiso Irrevocable 1721 Banco Actinver Sa Institucion DE Banca Multiple Grupo Financiero Actinver Division Fiduciaria</name>
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        <name>Athene Holding Ltd</name>
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        <name>WULF Compute LLC</name>
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        <name>BPCE SA</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>Pilgrims Pride Corporation</name>
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        <name>Zions Bancorporation Natl Assn Global Bank</name>
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        <name>Huntington Bancshares Incorporated</name>
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        <name>OBX TRUST 2023-NQM10</name>
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        <name>CENTERSQUARE ISSUER LLC</name>
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        <name>Plains All American Pipeline L.P.</name>
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        <name>Northwoods Capital XVII</name>
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        <name>CI Financial Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Spire Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EUREX CLEARING AKTIENGESELLSCHAFT</name>
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          <isin value="DE000F2Y2E38"/>
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        <name>EUREX CLEARING AKTIENGESELLSCHAFT</name>
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        <name>Canadian Imperial Bank of Commerce</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
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        <name>Vertiv Holdings Co</name>
        <lei>549300KTTIRAOGXCRV69</lei>
        <title>VRT 5.95 03/15/66</title>
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        <fairValLevel>2</fairValLevel>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <name>Japan (Government Of)</name>
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        <name>Realty Income Corporation</name>
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        <title>O 3.875 06/20/35 .</title>
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        <name>Hess Midstream Operations LP</name>
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        <name>SWITCH ABS ISSUER LLC 2024-1</name>
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        <name>Banco Santander SA</name>
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        <name>Julius Baer Group AG</name>
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        <name>Stack Infrastructure Issuer Llc</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>Alphabet Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Shackleton 2015-VII-R CLO Ltd.</name>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <name>Citigroup Inc.</name>
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        <name>Intel Corporation</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Paramount Global</name>
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        <name>GCAT 2023-NQM2 TRUST</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN CB9720</title>
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        <name>Energy Transfer LP</name>
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        <name>Brookfield Infrastructure Finance ULC</name>
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        <name>UBS Group AG</name>
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        <name>Federal National Mortgage Association</name>
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        <name>HA Sustainable Infrastructure Capital Inc</name>
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        <title>HASI 6 03/15/36</title>
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        <name>Vsp Optical Group Inc.</name>
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        <name>ZAYO ISSUER LLC</name>
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        <name>Solstice Advanced Materials Inc</name>
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        <name>Societe Generale S.A.</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
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        <name>MFA 2020-NQM3 TRUST</name>
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        <name>Fidelis Insurance Holdings Ltd.</name>
        <lei>549300CDMGCAGJQ7DX03</lei>
        <title>FIHL V7.75 06/15/55</title>
        <cusip>31575FAC0</cusip>
        <identifiers>
          <isin value="US31575FAC05"/>
        </identifiers>
        <balance>369000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>388311.47000000</valUSD>
        <pctVal>0.455911488237</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Webster Financial Corp.</name>
        <lei>KMRURHT0VWKYS6Z5KU67</lei>
        <title>WBS V5.784 09/11/35</title>
        <cusip>947890AK5</cusip>
        <identifiers>
          <isin value="US947890AK50"/>
        </identifiers>
        <balance>464000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>470863.06000000</valUSD>
        <pctVal>0.552834245252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.78400000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-05-21</ncom:dateSigned>
      <ncom:nameOfApplicant>RBC Funds Trust</ncom:nameOfApplicant>
      <ncom:signature>Kathy Hegna </ncom:signature>
      <ncom:signerName>Kathy Hegna </ncom:signerName>
      <ncom:title>Treasurer and Chief Financial Officer - RBC Funds, and Director of Mutual Fund Services | RBC Global Asset Management (U.S.) Inc.</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
